Short Interest in 36Kr Holdings Inc. (NASDAQ:KRKR) Drops By 97.8%

36Kr Holdings Inc. (NASDAQ:KRKR) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 5,000 shares, a drop of 97.8% from the September 15th total of 225,200 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is currently 0.4 days.

36Kr Price Performance

Shares of KRKR traded down $0.14 during midday trading on Friday, reaching $4.37. The stock had a trading volume of 15,187 shares, compared to its average volume of 25,666. The company’s fifty day simple moving average is $0.84 and its two-hundred day simple moving average is $0.53. The company has a market cap of $8.52 million, a price-to-earnings ratio of -0.74 and a beta of 0.61. 36Kr has a 1-year low of $3.50 and a 1-year high of $17.64.

36Kr Company Profile

36Kr Holdings Inc provides content and business services in the People's Republic of China. It creates and distributes various content, including insightful reports on companies and industries, timely market updates, thought-provoking editorials, and commentaries, as well as original video and audio content in various industries, such as technology, consumer, retail, healthcare, media and entertainment, and enterprise services.